| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | AA | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +6.9% | +9.3% | +7.0% | −3.8% | +21.9% | −32.8% | −17.8% | — | — | — | — | — | −19.0% | +7.5% | −26.6pp |
| 2025 | −6.5% | −5.9% | −8.0% | −19.6% | +9.5% | +10.2% | +1.6% | +7.8% | +2.2% | +11.9% | +13.8% | +27.3% | +42.5% | +17.7% | +24.7pp |
| 2024 | −12.5% | −8.5% | +24.6% | +4.0% | +26.3% | −10.1% | −16.9% | −2.5% | +20.2% | +4.2% | +15.8% | −18.6% | +12.4% | +24.9% | −12.5pp |
| 2023 | +14.9% | −6.3% | −12.9% | −12.7% | −14.4% | +7.0% | +6.7% | −16.6% | −3.4% | −11.4% | +4.8% | +26.6% | −24.3% | +26.2% | −50.5pp |
| 2022 | −4.8% | +32.9% | +19.6% | −24.7% | −8.8% | −26.2% | +11.6% | −2.6% | −32.0% | +16.2% | +28.4% | −9.3% | −23.1% | −18.2% | −4.9pp |
| 2021 | −21.9% | +36.4% | +32.3% | +12.8% | +8.3% | −7.1% | +9.0% | +10.5% | +10.3% | −5.9% | +1.3% | +28.0% | +159.0% | +28.7% | +130.3pp |
| 2020 | −35.1% | −0.6% | −55.6% | +32.3% | +13.0% | +22.0% | +15.7% | +12.5% | −20.5% | +11.1% | +54.0% | +15.8% | +7.2% | +18.3% | −11.2pp |
| 2019 | +11.7% | −0.6% | −4.5% | −5.3% | −20.6% | +10.5% | −3.9% | −20.3% | +11.9% | +3.6% | −2.1% | +5.7% | −19.1% | +31.2% | −50.3pp |
| 2018 | −3.4% | −13.6% | −0.0% | +13.9% | −6.1% | −2.5% | −7.7% | +3.2% | −9.6% | −13.4% | −9.1% | −16.4% | −50.7% | −4.6% | −46.1pp |
| 2017 | +29.8% | −5.1% | −0.5% | −1.9% | −2.3% | −0.9% | +11.5% | +20.5% | +6.2% | +2.5% | −13.1% | +29.8% | +91.8% | +21.7% | +70.1pp |
A month’s return is its month-end close over the prior month-end’s, so a year’s figure is exactly the product of its twelve monthly cells — no separate annualisation, no resampling. A blank cell means no return exists for that month (the series had not started, or it is the very first month-end, which has nothing to be measured against). Blank is never zero.
Basis. AA is on the total return (splits + dividends) basis, SPY on the total return (splits + dividends) basis. Both columns are on the same basis, so the Δ column is a like-for-like difference.
Partial years. A year marked “ytd” or “part” does not cover the full calendar year: either the stored history starts inside it (the figure is measured from the first month-end present) or the data stops before December (the figure runs through the last stored close). The row’s own tooltip names the exact boundary. It is never dressed up as a calendar-year return.
End of day. These are stored end-of-day closes, and the window is anchored on the LAST stored bar rather than today’s date — so the newest row ends where the data ends. Nothing here is intraday.
